Document background
The Incorporation Agreement is a crucial legal document required when establishing a new corporation in the Philippines. It must comply with the Revised Corporation Code of the Philippines (Republic Act No. 11232) and related SEC regulations. This document is typically prepared when founders decide to formally incorporate their business, requiring detailed information about the proposed corporation's structure, capitalization, governance, and operations. The agreement serves multiple purposes: it formalizes the relationship between incorporators, establishes the corporation's legal existence, defines management structures, and ensures compliance with Philippine corporate laws. It forms part of the required documentation for SEC registration and serves as a reference point for future corporate governance matters.
